In order to improve the efficiency of capital use and effectively control risks, Zhaochi intends to use its own idle funds to purchase bank wealth management products. The total amount of funds is RMB 300 million.
The independent directors of the company believe that under the premise of ensuring liquidity and capital security, using their own idle funds to purchase lower-risk capital-guaranteed floating-income structured deposit products is conducive to improving the efficiency of the company's own funds under the premise of controlling risks. Increasing the company's own capital income will not adversely affect the company's production and operation, in line with the company's interests, and there is no harm to the company and all shareholders, especially the interests of small and medium shareholders.
The independent directors of the company believe that under the premise of ensuring liquidity and capital security, using their own idle funds to purchase lower-risk capital-guaranteed floating-income structured deposit products is conducive to improving the efficiency of the company's own funds under the premise of controlling risks. Increasing the company's own capital income will not adversely affect the company's production and operation, in line with the company's interests, and there is no harm to the company and all shareholders, especially the interests of small and medium shareholders.
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